New Construction
For Sale
$378,000
12933 /12935 E Blake St., Wichita, KS 67230
Two residential units offer three-bedroom layouts, private two-car garages, and two bathrooms each.
Property Size2,424 SF
Price / SF$155.94
Days on Market84
Property Features for 12933 /12935 E Blake St.
General Information
Standard status
Active
Size
2,424 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2026
Listing Agency:
Banister Real Estate LLC
Listed By:
Andrew Reese · License #SP00233049
(620) 755-1619
Source:
Highpointks
Added: Jul 14
Changed: Sep 8
Last Checked: Oct 4 at 12:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Banister Real Estate LLC
Investment Insights
Based on property information with market context.
Planned for completion approximately 08/15/2026, this duplex includes two separate residential units at 12933 /12935 E Blake St., Wichita, KS 67230. Each unit is designed with three bedrooms, two bathrooms, a two-car garage, and 1,212 square feet of finished living space. The combined property size is 2,424 square feet, and the year built is listed as 2026.
The property information identifies Buffalo Grove as the surrounding community and notes proximity to Wichita dining and entertainment options. Listing photographs represent a previously completed duplex rather than this specific property.
The property information identifies Buffalo Grove as the surrounding community and notes proximity to Wichita dining and entertainment options. Listing photographs represent a previously completed duplex rather than this specific property.
Key Highlights
- Two‑unit duplex planned for completion approximately 08/15/2026
- Each unit includes 3 bedrooms and 2 bathrooms
- Each residence includes a 2 car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,990
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,800
$399.8K
Cap Rate 7%
$285,571
$285.6K
Cap Rate 9%
$222,111
$222.1K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$30.5K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$28.6K $11.78/SF
− OpEx
−$8.6K −$3.53/SF
NOI
$20.0K $8.25/SF
Area
Wichita, KS
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,800
Cap Rate 7%
$285,571
Cap Rate 9%
$222,111
Alternative Uses
Best Use
Multifamily LT 5
$285.6K
$249.9K – $333.2K
NOI $19,990 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$265.7K
$232.5K – $309.9K
NOI $18,596 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$600.2K
$525.2K – $700.2K
NOI $42,013 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 67230, KS
12,633
Population
4,093
Households
3.1
Avg Household Size
44
Median Age
63%
College-Educated
98%
High-School Grad
9.8 sq mi
ZIP Area
1,289
Density / Sq Mi
$151,173
Median Household Income
$67,417
Median Earnings
$2,026
Median Rent
$388,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three-bedroom layouts, private two-car garages, and two bathrooms each.
Where is this duplex located?
The property is located at 12933 /12935 E Blake St. Wichita, KS.
What is the asking price?
The asking price for this property is $378,000.
What are key features of this property?
This property features: Two‑unit duplex planned for completion approximately 08/15/2026; Each unit includes 3 bedrooms and 2 bathrooms; Each residence includes a 2 car garage
